Marble City India Ltd Faces Intense Selling Pressure Amid Notable Price Decline
Marble City India Ltd is experiencing significant selling pressure, reversing a four-day gain streak. Despite a strong one-year performance, the stock has declined recently, contrasting with the broader market. It reached a 52-week high before falling intraday, indicating a potential shift in market sentiment.
Marble City India Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced a notable decline of 5.07%, sharply contrasting with the Sensex's modest drop of 0.71%. This marks a trend reversal after four consecutive days of gains, indicating a shift in market sentiment.Over the past week, Marble City India Ltd had performed well, gaining 11.69%, but the recent downturn has overshadowed this positive momentum. In the last month, the stock has declined by 2.39%, while the Sensex has seen a smaller decrease of 1.39%. Despite its impressive one-year performance of 514.53%, the stock's current trajectory raises concerns.
The price summary reveals that Marble City India Ltd reached a new 52-week high of Rs. 200.8 today but has since fallen to an intraday low of Rs. 186.05. The stock opened with a gap up of 3.88%, indicating initial bullish sentiment, but this quickly reversed. Additionally, while the stock is trading above its moving averages, the current selling pressure suggests that market dynamics may be shifting.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
